Caesars Entertainment (CZR)

The combined company will have a market cap of $3.2B, based on Friday's closing prices, and a combined cash balance of $1.7B, excluding cash at CEOC.

Terms: Owners of Caesars Acquisition (NASDAQ:CACQ) will receive 0.664 shares of Caesars Entertainment (NASDAQ:CZR) for each share of CACQ they hold. At the end, Caesars Entertainment stockholders will own about 62% of the combined company. Roughly 90% of stockholders of CZR also own shares of CACQ.

Caesars Chairman and CEO Gary Loveman will hold the same roles at the combined company, which will be known as Caesars Entertainment and trade under the same symbol.